TORONTO – The Building Ontario Fund (BOF) has reached financial close on an agreement with Arch Corporation (Arch) that bundles four loans to redevelop and expand long-term care (LTC) homes in smaller communities in Ontario. Manulife financed the project in partnership with BOF to help accelerate priority infrastructure development in the province.
TORONTO — In today’s 2025 Ontario Budget, the Ontario government announced two significant actions to accelerate and catalyze infrastructure investment across the province through the Building Ontario Fund (BOF).
TORONTO – The Building Ontario Fund has entered into an agreement in principle with Arch Corporation (Arch) to finance four new and redeveloped long-term care homes in rural communities across the province. The homes will be located in Amherstburg, Lancaster, Prescott, and Tay Valley Township.
TORONTO– The Building Ontario Fund has entered into an agreement in principle with The Rekai Centres to finance Rekai Centre at Cherry Place, a new not-for-profit long-term care home for 348 residents in a high-needs downtown Toronto community. Consistent with the Building Ontario Fund’s requirement to invest alongside external capital, The Rekai Centres has also...
TORONTO – The Building Ontario Fund Board of Directors is pleased to announce the appointment of Michael Fedchyshyn as its inaugural Chief Executive Officer, effective November 12.
TORONTO — The Building Ontario Fund (BOF) Chair, Brian J. Porter, is pleased to welcome the appointment of Arshil Jamal and Constance L. Sugiyama to the BOF Board of Directors. These appointments represent additional steps in enhancing the governance of the arm’s-length, board-governed agency.
TORONTO — The Building Ontario Fund (BOF) Chair, Brian J. Porter, is pleased to welcome the appointment of James Cowan to the BOF Board of Directors. This appointment is a further governance step in the establishment of the arm’s-length, board-governed agency.
TORONTO — Today, Minister of Finance Peter Bethlenfalvy released the 2024 Budget: Building a Better Ontario. Like the rest of the world, Ontario continues to face economic uncertainty due to high interest rates and global instability.
TORONTO — The Ontario Infrastructure Bank (OIB) Chair, Brian J. Porter, is pleased to welcome the appointment of Bryan Davies and Jan De Silva to the OIB Board of Directors. These appointments are further governance steps in the establishment of the arm’s-length, board-governed agency.
